27.11.17

Former Zimbabwe's Finance Minister Who was Found with $10million Denied Bail

Zimbabwe’s former finance minister, Ignatius Chombo, who is facing
graft charges dating back more than 10 years, was denied bail Monday by a
magistrate’s court, according to a report by AFP.

“The court is of the view that indeed there are compelling reasons to deny the accused person his right to bail,” magistrate Elisha Singano said.

“I concur with the state that if the accused is released at this time there will be a public outcry.”

He also said the risk of Chombo fleeing was high. Chombo is a
former secretary for administration in the ruling ZANU-PF party and the
last finance minister under President Robert Mugabe.

Chombo was charged to court after Mugabe was forced out of power following a military intervention. He was remanded in custody on fraud charges dating from 2004-2009 when he held a different ministerial role.

Chombo — seen as an ally of Grace Mugabe, the ex-president’s
controversial wife — told the court on Saturday that armed men in
uniform had detained and questioned him for days at an unknown location.

Chombo appeared on Monday in the same court that denied bail to Kudzai Chipanga.

The former ZANU-PF youth league leader is facing charges of causing
disaffection in the military after he denounced the army chief,
Constantino Chiwenga.